Society Of Product Licensors Committed To Excellance

Organization Overview

Society Of Product Licensors Committed To Excellance, operating under the name SPLiCE, is located in Buffalo, NY. The organization was established in 2005. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, SPLiCE employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. SPLiCE is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, SPLiCE generated $500.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $553.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SPLICE IS A COMMUNITY OF LICENSORS WHO SHARE BEST PRACTICES FOR PROTECTING, PROMOTING, AND ENHANCING BRAND INTEGRITY THROUGH LICENSING BY CONDUCTING WORKSHOPS AND ONLINE FORUMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPLICE LICENSORS WORKSHOP CREATES A UNIQUE VENUE THAT AFFORDS MEMBERS AN OPPORTUNITY TO SPEAK WITH OTHER LICENSORS ACROSS INDUSTRY LINES WHO ARE ALL INTERESTED IN BRAND PROTECTION VIA LICENSING. WHAT MAKES THIS WORKSHOP SUCCESSFUL IS THE PARTICIPATION OF MEMBER LICENSORS WHO UNDERSTAND THE NEED FOR PROTECTING THEIR BRAND FROM BRAND DILUTION DUE TO CONSUMER DISSATISFACTION AND POOR QUALITY. WE FOCUS ON THE LEARNING OPPORTUNITIES WITHIN LICENSING FROM A BUSINESS RISK MANAGEMENT, LEGAL, AND QUALITY PERSPECTIVE.


SPLICE LICENSORS SUMMIT IS WHEN LICENSORS AND EXPERT SERVICE PROVIDERS HAVE AN EDUCATIONAL FORUM THAT BUILDS AWARENESS OF BEST PRACTICES IN THE LICENSING INDUSTRY. THE SPLICE LICENSORS SUMMIT AFFORDS OPPORTUNITIES FOR LICENSORS AND SERVICE PROVIDERS TO UNDERSTAND BUSINESS CHALLENGES AND GENERATE CONNECTIONS.


THE SPLICE NEW YEAR MEETING IS A TWO DAY EVENT THAT SERVES THE ORGANIZATION IN A NUMBER OF WAYS. THE MOST IMPORTANT FUNCTION OF THE MEETING IS TO SET CLEAR GOALS AND OBJECTIVES FOR THE UPCOMING YEAR


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$271,755
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$271,755
Total Program Service Revenue$228,985
Investment income $92
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $500,832

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